Average Billing and Posting Clerks Salary in Springfield, IL
Billing and Posting Clerks in Springfield, Illinois, earn an average annual salary of $46,130. This figure is slightly below the national average of $49,470, a common occurrence in markets with a lower cost of living. Local economic factors and the specific demand within the Springfield area contribute to this salary positioning.
Executive Summary
- Average Salary: $46,130 per year.
- Growth Trend: Salaries have shifted 0.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,910.
- Outlook: Springfield, IL hosts a local workforce of 420 Billing and Posting Clerks, indicating a stable presence in the job market. The Location Quotient of 1.52 suggests a concentration of these roles that is 52% higher than the national average, pointing towards a robust demand and a potentially favorable environment for those in this profession within the city.
Salary Overview
The average Billing and Posting Clerks in Springfield, IL earns-6.8%below the national average.
$22.2
$887
$3,844
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Billing and Posting Clerks in Springfield is not provided, it is generally assumed that salaries within this sector have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for administrative support, and the evolving complexity of billing and posting systems.
Billing and Posting Clerks Salary Distribution in Springfield, IL
Career progression for Billing and Posting Clerks in Springfield, IL, typically involves a noticeable salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries significantly higher than the average. The percentile gaps in salary data reflect these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,650 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,598 | $16.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,250 | $21.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,663 | $27.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,910 | $27.8 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$46,130
Gross Pay
Real Wage (Purchasing Power)
$46,130
Adjusted for COL (100)
The average annual salary of $46,130 in Springfield, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power effectively within the city, offering a stable financial standing for residents without the added pressure of higher living expenses.
Job Market Context
420
Total Jobs
4.109
Per 1K Jobs
1.52
Location Quotient
Springfield, IL has 1.5x the national concentration of Billing and Posting Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.52, Springfield, IL, demonstrates a significant concentration of Billing and Posting Clerk positions compared to the national average. This suggests that the job market in Springfield is more abundant in these roles relative to its overall workforce, potentially offering more opportunities and a competitive landscape for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Billing and Posting Clerks Salary | $46,220↑ 0% | 39 mi |
| West Central Illinois nonmetropolitan area Billing and Posting Clerks Salary | $43,970↓ 5% | 53 mi |
| East Central Illinois nonmetropolitan area Billing and Posting Clerks Salary | $46,120↓ 0% | 53 mi |
| Northwest Illinois nonmetropolitan area Billing and Posting Clerks Salary | $45,830↓ 1% | 53 mi |
| South Illinois nonmetropolitan area Billing and Posting Clerks Salary | $43,180↓ 6% | 53 mi |
Comparing salaries near Springfield, IL
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Springfield, IL?
The median annual salary for a Billing and Posting Clerks in Springfield, IL is $46,130. This typically ranges from $35,650 for entry-level positions to $57,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, IL is 6.8% lower than the national median of $49,470.
Is Springfield, IL a lucrative place for Billing and Posting Clerks?
Yes, it offers good value due to cost of living.While the nominal salary is slightly below the national average, the cost of living in Springfield is also at the national average, meaning your earnings have strong purchasing power. The higher concentration of these roles also indicates demand.
Is Springfield, IL a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Springfield, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, IL?
Some top paying nearby cities include Decatur, IL ($46,220) and West Central Illinois nonmetropolitan area.
How does the number of Billing and Posting Clerks in Springfield compare nationally?
Springfield has 4.109 Billing and Posting Clerk jobs per 1,000 workers, which is higher than the national average, indicating a notable presence of this occupation.
What is the significance of the Location Quotient for this role in Springfield?
A Location Quotient of 1.52 means that Billing and Posting Clerk jobs are 52% more concentrated in Springfield than the national average, suggesting a specialized local demand for these professionals.
Does experience significantly impact a Billing and Posting Clerk's salary in Springfield?
Yes, experience is a key factor in salary progression, with senior roles commanding higher pay than entry-level positions, reflecting increased responsibility and skill.
How does the local salary compare to the cost of living in Springfield?
The average salary of $46,130 is well-balanced with Springfield's Cost of Living Index of 100, indicating that the salary provides a standard quality of life relative to national benchmarks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Springfield, IL area with a job density of 4.109 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Springfield, IL